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Venezuela, Guatire
1 Level
364 Review
1267.25 Karma

Review on Coinomi by Gabriel Medina

Revainrating 4 out of 5

A powerful Cryptocurrency Wallet

Very good Wallet, although it sometimes has synchronization problems with the blockchain, mainly with ETH, the option of push notifications in sending and receiving would also be useful. In the support of the application, they mention that using the recovery phrase in another Wallet, I can access all my funds; well I tried to test this, I deleted my Wallet and loaded it in the app "Trust Wallet" and it was disastrous, I was missing transactions and money luckily I was able to reverse the process.
Excellent interface, very good security factors for login and transfers, you can use the fingerprint or password. To create / restore the wallet it has 24 words and an optional password BIP39 which seems more secure than other wallets. It is a luxury.



Pros
  • This exchange offers good levels of security and privacy.
  • Thanks to the phrase system, we can restore our wallet.
  • We can transfer altcoins to our Bitcoin wallet with no additional steps.
  • Through ShapeShift we can exchange cryptocurrencies.
Cons
  • You cannot buy cryptocurrencies directly.
  • It is only available for Android devices.
  • Only part of the wallet code is open.

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